Indemnity example sentence

What is an indemnity sentence? How do you use the word indemnity in a sentence? Can an Union indemnify an indemnity? Examples of Indemnity in a sentence.

After Janet received several speeding tickets, the cost of her indemnity insurance skyrocketed. The indemnity policy will protect the doctor in case of a malpractice suit. The criminal’s deal with the prosecutor was his indemnity from a lengthy prison sentence. Substantial indemnity costs are reserved for cases involving reprehensible, scandalous or outrageous conduct. If we have a demand for indemnity let us refuse to pay it.

Members of the Senate and of the House of Commons receive an annual indemnity of $ 250o , with a travelling allowance. The trucking company will indemnify the victim of the car accident caused by the sleeping trucker. From Simon he demanded an indemnity of moo. For example: A wheelchair manufacturer enters into an agreement with a large hospital to provide 5wheelchairs at a discount price. The manufacturer asks that an indemnity clause be included in the contract, in which the hospital agrees to protect the company from any losses or lawsuits should patients be injured while using any of the wheelchairs.

How to use indemnity in a sentence. Because the diamond is worth millions of dollars, the owners have a huge indemnity plan to cover its value. The insurance company will cancel your contract if there are too many claims made on your indemnity policy.

Most Searched Words. Sentence with the word Indemnity The objective of this plan is to make propaganda about the so called genocide, to have it recognise to obtain indemnity and to acquire land from Turkey. For example, if a contracts to A simple indemnity clause is not the answer to liability issues.

Security or protection against a loss or other financial burden. Insurance speak for beginners PolicyBee. More example sentences. Protection and indemnity insurance protects against third parties and environmental damage.

That is, no claim other than the claims for indemnity under the insurance policies: in contemplation at the time of entering into the deed. The policy provides an indemnity for loss of or damage to third-party property. This insurance provides indemnity against legal costs and damages. For example , a typical indemnity clause in a contract for a construction project might state that Party A will do stated work at its own risk and Party A indemnifies Party B against all loss, damages, expense, and liability for work done on that contract. Use letter of indemnity in a sentence 1. The ship agent may be instructed by his principal to issue a second set of bills of lading without collecting the first set, and may be offered a letter of indemnity by the principal, or by the party who receives the second set of bills.

Louis, always inexhaustible in expedients,. Letters of indemnity are often used when transporting goods by ship: The letter of indemnity protects the shipping company against any claims that may arise from the issue of a clean Bill of Lading. Time Limits The limitations of liability set out in paragraphs (c) and (d) of Schedule shall apply to Tax Claims (to the extent expressed to be applicable, and other than in respect of Secondary Tax Indemnity Claims).

Here are some example sentences to help you improve your vocabulary: Even the hospital where I practice medicine dropped its Blue Cross indemnity plan and now offers managed care exclusively. Only a quarter of all workers have indemnity insurance. Rome asked for indemnities for the people who had been attacked. Paraguay agreed to apologize for the incident and pay an indemnity.

This indemnity normally costs only small percentage of the hammer price. You can also include indemnity language in a contract. See examples of Indemnity in English. Real sentences showing how to use Indemnity correctly. A contract that requires an indemnity clause should be dealt with carefully, as there are a variety of ways it can be mishandle to the potential detriment of you and your business.

Some of these ways relate to: Scope. Indemnity clauses can often be drafted too broadly, seeking to protect against scenarios that are highly unlikely to occur. The danger in doing so is that in using broad terms out of the desire to cover the largest possible swath of events, the clause will be judged to be too.

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